Gas Crucial To Economy Growth
NLNG generates $114b President Muhammadu Buhari promised on Monday that his administration would use the nation’s abundant gas resources for industrialisation. Buhari said the rising global demand for cleaner energy…
Ever Given, Megaship Stuck In Egypt’s Suez Canal, Finally Freed
Shipping activity is set to resume at the Suez Canal after the Ever Given, a ship stuck in the waterway, was freed. Ever Given, a vessel headed for Rotterdam, had…
Relief As $9.6bn Goods Stuck In Suez Canal Get Partially Freed
The Ever Given, a mega-container ship stranded in Egypt’s Suez Canal, has been partially refloated and freed, earlier than the timeline projected by experts. Egypt’s Suez Canal is one of…
NNPC Insists No Fuel Price Until Talks With Labour Is Concluded
The Nigerian National Petroleum Corporation (NNPC) says it will maintain its current ex-depot price of petrol until the end of negotiations with organised labour. Advertisement Kennie Obateru, group general manager,…
AFDB Calls On US To Intervene In Fighting Global Hunger
The has urged the United States to intervene through appropriate policy measures in order to end global hunger. President of AfDB and winner of the 2017 World Food Prize, Dr.…
We Cant Continue To Bear Subsidy Burden’ — NNPC GMD
Mele Kyari, general managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the company cannot continue to bear the subsidy burden. The Petroleum Products Pricing Regulatory Agency (PPPRA)…
Mobile Money Made 1.2 Billion In 2020 -GSMA
In 2020, the number of registered mobile money accounts grew by 12.7 per cent globally, to 1.21 billion, according to the latest report from the GSM Association. The GSMA noted…
CBN Intervention Has Crashed Price Of Rice –Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, says the price per bag of rice has reduced compared to the price it was sold last year during the…
FG Targets N1trn Investment From Highway Concession.
The federal government (FG) says it expects a capital investment of N1.13 trillion from the new highway development management initiative (HDMI). Babatunde Fashola, minister of works and housing, who disclosed…
Report Banks Hoarding Forex, CBN Tells Nigerians
In view of the lingering foreign exchange scarcity in the country, the Central Bank of Nigeria has urged Nigerians not to panic, saying there is enough forex for business owners,…
